The reasons are not clear. IMG's
multi-media rights contract with SU had extended through the 2020-21 season.

The school sent a letter to
sponsors last week, notifying them that SU's contract with IMG was terminated
July 1. The letter said SU is exploring
its sports marketing options, including partnering with another company, negotiating
a new agreement with IMG, or doing the work itself.

IMG, together with a company it
merged with, ISP, had been marketing SU sports since 1999. IMG sold everything
from signage at the dome to the Time Warner logo on football coach Scott
Shafer's headset. It also had been
paying the lion's share of salaries for SU's top coaches and a share of the
salary of SU's athletic director, Darryl Gross.

SU has not said how much IMG paid
the university. IMG's payment to SU had
been a guaranteed amount, with a percentage of revenue shared once a threshold
is met, Joe Giansante, SU's executive senior
associate athletic director, said last fall. But IMG is
paying West Virginia University at least $7 million a year to market its sports programs, according to published reports.

IMG handled all of SU's marketing
for football, men's and women's basketball and the coaches' radio show for
those sports, as well as running men's lacrosse play-by-play radio and SU game
programs. IMG handled all of SU sports' Internet rights, event marketing and
game promotional rights, video rights, publication rights and all facilities
signage rights.

For the 2012-2013 school year, IMG
Worldwide paid $1.2 million of SU men's basketball coach Jim Boeheim's $1.7
million compensation package. It paid $1.3 million of the $1.6 million earned by Doug Marrone, SU's football coach that year. IMG paid $70,000 of athletic director Daryl Gross' $563,000
compensation.

Reached at his Syracuse office,
Joe Baldini, general manager of Syracuse IMG Sports Marketing, said, "We're
still working." He deferred further
questions to IMG College's main office in New York City.